Rent-control ordinances fix the rent at a specific amount and provide for minor annual increases

In the closing statements prepared by the escrow agent, the total of the debit and credit columns on the seller's closing statement, in comparison to the balances on the buyer's closing statement:

A: Can be different; B: Must be the same; C: Must be different; D: Any of the above.

A statement of retained earnings is used to explain the change in the amount of retained earnings between two successive balance sheet dates

a. True b. False Indicate whether the statement is true or false